Coronavirus support for Sandwell businesses: grants, relief and finance

We know this unprecedented pandemic continues to have a profound impact on businesses. Here are details of grants, relief and finance available in Sandwell and nationally. Do see also our page of general business information to help you emerge from the pandemic.

This page was last updated on Thursday 17 June.

Grants and finance for Sandwell businesses

>Go to coronavirus support for Sandwell businesses

Sandwell Council support

NEW: Additional Restrictions Grant (ARG) Sandwell Taxi Scheme
Sandwell Council is making a new grant scheme available for taxi drivers, with one-off grants of £1,000 for eligible drivers who are resident in Sandwell. The Additional Restrictions Grant (ARG) Sandwell Taxi Scheme application window is now open between Monday 7 June and Sunday 4 July 2021.
Read the frequently asked questions relating to this grant.
Apply to Sandwell Council via Grant Approval.

Further grant funding administered by Sandwell Council
See Sandwell Council’s coronavirus grants page for details of further grant funding.

Government support

Coronavirus Job Retention Scheme (also known as the furlough scheme)
The Coronavirus Job Retention Scheme is running until the end of September 2021, with employees receiving 80 per cent of their current salary for hours not worked. This is known as being furloughed. Employers will be asked to contribute ten per cent in July and 20 per cent in August and September.

You can sign up for a webinar from HMRC: ‘Coronavirus Job Retention Scheme’. Various dates are available.

Recovery Loan Scheme
The Recovery Loan Scheme supports access to finance for UK businesses of any size as they recover from the disruption of the Covid-19 pandemic.

Up to £10m is available per business, although the actual amount offered and the terms are at the discretion of participating lenders.

The scheme is open until 31 December 2021, subject to review.

More support for self-employed workers
The Covid-19 government guidance for employers and businesses includes advice about short-term business rates relief and the package of government support available to businesses.

The government has a coronavirus financial support finder to help you see what loans, tax relief and grants might be available to your business.

Watch videos and register for the free webinars to learn more about the support available to help you deal with the economic impacts of coronavirus.

Getting information on financial support

On Greater Birmingham Chamber of Commerce’s homepage, you can click on the blue button at the top right (‘COVID-19 support grid’) and access a chart showing government support for businesses and charities.

The Black Country Chamber of Commerce has a Chamber Finance Finder to help you discover the right funding solutions across loans, equity and grants during the Covid-19 crisis.

Coronavirus Statutory Sick Pay Rebate Scheme
Small businesses (fewer than 250 employees) can claim back the cost of providing Statutory Sick Pay (for up to 14 days) to any employee due to coronavirus.

HM Revenue & Customs is holding webinars on the SSP Rebate Scheme, giving employers an overview of the scheme: register for a time that suits you here.

Deferring VAT and income tax payments
The government is providing support around deferring VAT and income tax payments. If you can’t pay your business tax bill due to coronavirus you can reach the HMRC Coronavirus Helpline for free on 0800 0159 559. The line is open on Monday to Friday from 8am to 8pm and on Saturday from 8am to 4pm.

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Funding support

Audit, tax, advisory and risk firm Crowe UK has a comprehensive page of advice to help businesses manage the impact of coronavirus, with webinars planned to share knowledge and support.


See the latest COVID-19 funding support flowchart from Crowe UK.

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Other funding

Please note that Think Sandwell and Sandwell Council cannot endorse or approve any of the links below; we are just sharing the information in case it is helpful to you.

Crowdfunder
Suited to B2C businesses, Crowdfunder‘s Pay It Forward scheme allows you to sell products and services now to be delivered once the crisis is over.
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